I used a gradient from a pack but the wave is mine. Made & animated in Photoshop (I don’t like Flash’s painting tools…even though it probably would have been easier to animate in Flash).
And who said animated GIF’s are dead? They are so making a comeback…since I can’t figure out any other way to get animations to play on ipads/tablets/phones without uploading to youtube/vimeo or uploading 2 different video files (face it, small animations like this aren’t worth that kind of effort!).